Israel Business

While the snowstorm seemed to have paralyzed several regions in Israel, it did not interfere with business in Mount Hermon. Over 1,600 visitors from around Israel flocked to Mount Hermon to enjoy 4 days worth of snow after the ski site reopened on Monday. The snow at the ski site ranges from 24 inches in the lower areas to more than 40 inches in higher areas. One visitor said that he felt like he was in Switzerland.

Over the weekend of October 5 it was announced that the Israeli electronics company Ray-Q Interconnect is to be purchased by a company controlled by Warren Buffet. If the acquisition is approved by the Israeli authorities it will become Mr. Buffet’s 3rd acquisition of an Israeli company.

In the beginning of August, Cellcom Israel Ltd announced that despite lower profits and alleged rumors, the company is not for sale. Now after their profits have plummeted 45%, Cellcom is launching an online smartphone store.

If you were in Jerusalem last June to see Formula One, you might have noticed the free Wi-Fi available. Yadwire was the sole provider for the free wireless internet around the city, and they hope to be the supplier for future sporting events as well. Yadwire, an Israeli startup located in Ra’anana, supplies free access to Wi-Fi by using social media and integrating advertisements into browsers.

From providing heat to better agricultural technology, solar energy has been regenerating and conserving energy for years. Now solar energy takes on a new level with Sol Chip, the everlasting solar battery.

There is a new way to look at archeological sites in Israel. Architip, a recently funded Israeli start-up, brings history to life. No matter how spectacular a historical site might seem, many people struggle to stay interested looking at the crumbled ruins of an old site.

In the visual media world of today, a simple article of words is just not enough. Webpages, mobile apps, blogs, and other media need to have images and other visual elements in order to grasp the public's attention.

Better Place, the Israeli start-up company of electric vehicles, seems to have found a savior. After filing for bankruptcy last May, Better Place was sold to Sunrise Ltd., headed by the Association for the Promotion of the Electric Car in Israel and Yosef Abramowitz.